| Manufacturing of Adhesives and Emulsions | Wood adhesives, polymer emulsions, construction chemicals, paint and textile emulsions | Leading producer in RDP emulsions with strong brand recognition and extensive pan-India footprint | B2B industrial users and B2C retail consumers - contractors, construction firms, paint manufacturers | Specialty adhesives and construction chemicals segments | 16589 | 71 | Manufacturing sales through distributors and retailers in B2B and B2C markets | Direct sales with negotiated pricing and distributor partnerships | Product innovation, automation-led efficiency, expanding distributor network and new product launches | Mahacol, Emditex, Emdilith, Mahafix |
| Trading in Chemicals | Chemical trading and indenting services providing value-added specialty chemicals | Established supplier relationships and integration with manufacturing segments for end-to-end solutions | Industrial clients requiring specialty chemicals and raw materials | Specialty chemicals segment with customized solutions | 6827 | 29 | Trading profits and commissions from chemical distribution and indenting services | Margin on traded products, bulk deals | Shift in trading policy, leveraging global sourcing and customer relationships | Specialty chemicals sourced globally |